Author Topic: NO, YOU IDIOTS. THAT’S NOT HOW TAXES WORK. – AN ACCOUNTANT’S GUIDE TO WHY YOU ARE A GULLIBLE MORON  (Read 222 times)

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Offline PeteS in CA

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NO, YOU IDIOTS. THAT’S NOT HOW TAXES WORK. – AN ACCOUNTANT’S GUIDE TO WHY YOU ARE A GULLIBLE MORON

https://monsterhunternation.com/2020/09/28/no-you-idiots-thats-not-how-taxes-work-an-accountants-guide-to-why-you-are-a-gullible-moron/

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I posted that last night on Facebook, and sure enough, this morning my feed is filled with people who don’t know shit about taxes retweeting the stupid opinions of other morons who also don’t know shit about taxes. This is just as annoying as last week when these same idiots all suddenly became Constitutional Scholars. Or the month before that when they were all experts on use of force laws and police tactics. Or the month before that when they suddenly got their epidemiology degrees from the University of Internet and turned into infectious disease experts. 

Holy shit, you Dunning-Krugerands are annoying. Of course the comments are all about the “morality” of paying your “fair share”. Which isn’t how any of this works in real life. Just stop it with your vapid hot takes already. You clearly have a child-like grasp of a complex topic, and your words are making America dumber.

As a former accountant, please allow me to explain why all of today’s newly formed tax experts are ####### morons, and we should metaphorically put a brick in a sock and beat them over the head with it until they shut up.

I’m going to keep this blog post simple. I’m not going to get into any of the specifics of the leaked Trump taxes. Why? Because:

We don’t know how full of shit the NYT is, and you don’t do taxes based on rumors and innuendo. You do taxes based upon financial statements and the company’s books.
This shit is super complicated and my happy ass is retired and likes getting paid more money to write books instead of reading through thousands of pages of IRS regs.
So big picture time…

First off, “morality” doesn’t have jack shit to do with taxation. You pay what you legally owe. Nobody willingly pays the government more than they legally owe.

This has always been this way since America has had income taxes. There is endless court precedent. You pay what you legally owe. That’s it. If you pay less than you legally owe, then the government will fine or imprison you. If you pay more than you legal owe, the government will laugh and laugh, because you are an idiot, and you deserve to be poor.

If TBR PTBs would prefer I edit out the S-Grenades I'll gladly do it. They do add emphasis in the flavor of the writer's lashing out at agendized ignorance.
If, as anti-Covid-vaxxers claim, https://www.poynter.org/fact-checking/2021/robert-f-kennedy-jr-said-the-covid-19-vaccine-is-the-deadliest-vaccine-ever-made-thats-not-true/ , https://gospelnewsnetwork.org/2021/11/23/covid-shots-are-the-deadliest-vaccines-in-medical-history/ , The Vaccine is deadly, where in the US have Pfizer and Moderna hidden the millions of bodies of those who died of "vaccine injury"? Is reality a Big Pharma Shill?

Millions now living should have died. Anti-Covid-Vaxxer ghouls hardest hit.

Online Hoodat

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If TBR PTBs would prefer I edit out the S-Grenades I'll gladly do it. They do add emphasis in the flavor of the writer's lashing out at agendized ignorance.

As long as they are preceded by the word 'jack', you should be OK.
If a political party does not have its foundation in the determination to advance a cause that is right and that is moral, then it is not a political party; it is merely a conspiracy to seize power.     -Dwight Eisenhower-

"The [U.S.] Constitution is a limitation on the government, not on private individuals ... it does not prescribe the conduct of private individuals, only the conduct of the government ... it is not a charter for government power, but a charter of the citizen's protection against the government."     -Ayn Rand-

Offline dfwgator

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NO, YOU IDIOTS. THAT’S NOT HOW TAXES WORK. – AN ACCOUNTANT’S GUIDE TO WHY YOU ARE A GULLIBLE MORON

https://monsterhunternation.com/2020/09/28/no-you-idiots-thats-not-how-taxes-work-an-accountants-guide-to-why-you-are-a-gullible-moron/

If TBR PTBs would prefer I edit out the S-Grenades I'll gladly do it. They do add emphasis in the flavor of the writer's lashing out at agendized ignorance.


Offline mystery-ak

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I don't mind a few shits here or there.. :shrug:
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Online roamer_1

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I don't mind a few shits here or there.. :shrug:

Don't look at me. I don't give a shit.

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Offline Elderberry

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If you pay more than you legal owe, the government will laugh and laugh, because you are an idiot, and you deserve to be poor.

I was an idiot one year and paid too much. Believe it or not, the IRS sent me a letter identifying my error and sent me a check for what I overpaid.

Offline dfwgator

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I was an idiot one year and paid too much. Believe it or not, the IRS sent me a letter identifying my error and sent me a check for what I overpaid.

I love the people who think they 'stuck it to the government' because they got a big refund check.

The idiots don't realize that all they did was give the government an interest-free loan.

Offline Elderberry

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I love the people who think they 'stuck it to the government' because they got a big refund check.

The idiots don't realize that all they did was give the government an interest-free loan.

I always end up paying some amount. My dad, a CPA, would always file on time, but not pay until all the extensions ran out, and then only after he received the 3rd demand letter.

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I love Larry Correia's blog posts. His books are a fun read too!
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Let it burn.